$1,250,000
SOLD JAN 24, 2025
7 Beds
5 Baths
2,750 Sq Ft
8,177 Sq Ft Lot

Recently Sold

$455 Per Sq Ft

3% Below List Price

58 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • 5-minute walk to Lennox Park
  • Shed
  • 1-Story Property

About This Home

As of January 2025

Beautifully maintained, income-generating property offering incredible value and stability! This legal duplex is FULLY OCCUPIED with long-term tenants paying market rents. Generating approximately $95,000 in gross annual income this is the perfect addition to your portfolio or a 1031 exchange opportunity. Situated on a generous 8,200 SF lot, this compound features two remodeled homes, each with its own private yard, PLUS a bonus unit. 10527 Truro is a 3 + 2, apx 1000SF, updated modern finishes, and AC. 10529 Truro offers another spacious 3+2 layout with large kitchen + dining, living room, washer/dryer, and a private grassy backyard. Additionally, there's a 3rd bonus unit complete with a remodeled kitchen, bath, laundry, central HVAC and a private patio providing even more income! With off-street parking and extra storage + sheds, this property is not only functional but incredibly convenient for tenants. Located just moments from LAX and the thriving Inglewood scene with its world-class sports venues, entertainment, shopping, and more, Truro is perfectly positioned to maintain great tenancy in a rapidly growing area. Don't miss out on this high-performing investment property!

Last Agent to Sell the Property

Gia Casty

Compass License #01520830 Listed on: 10/09/2024

Compass

Last Buyer's Agent

Frank Martinez

eXp Realty of California Inc License #01310381

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,271

Year Built

  • Built in 1944

Lot Details

  • 8,177 Sq Ft Lot
  • Lot Dimensions are 63x130

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,750 Sq Ft Home
  • 1-Story Property
  • Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Shed

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4036-026-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,271

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2750
  • Lot Acreage: 0.1877
  • Lot Dimensions: 63x130
  • Stories: 1
  • Year Built: 1944
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Gas Dryer Hookup
  • Price Per S Q F T: 468.36

Exterior Features

  • Other Structures: Shed(s)

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Percent: 28.99
  • Assessed Improvement Value: 223101
  • Assessed Land Percent: 71.01
  • Assessed Land Value: 546602
  • Total Assessed Value: 769703
  • Assessor Parcel Number: 4036-026-025
  • Lot Size Area: 8177

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.58
  • Number Of Units: 3
  • Total Annual Expense: 6000
  • Type Of Units: detached sfr
  • Vacancy Rate: NONE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
Apr 3, 2017
Sold by
Garcia Leopoldo A
Bought by
Smith James P and Grayson Stephen P
Seller's Agent
HELEN LECHNER
Worldwide Realty
Buyer's Agent
Christopher Engler
Keller Williams South Bay
List Price
$699,999
Sold Price
$690,000
Premium/Discount to List
-$9,999
-1.43%
Current Estimated Value
$1,244,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,887
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Jun 14, 2005
Sold by
Garcia Maria A
Bought by
Garcia Leopoldo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2003
Sold by
Garcia Maria A
Bought by
Garcia Leopoldo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.15%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $690,000 Fatcola
Interfamily Deed Transfer -- United Title Company Orange
Interfamily Deed Transfer -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $307,360 New Conventional
Previous Owner $305,000 Unknown
Previous Owner $30,000 Stand Alone Second
Previous Owner $252,000 New Conventional
Previous Owner $207,000 Unknown
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $1,250,000 -3.0% $455 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $1,288,000 +86.7% $468 / Sq Ft
05/04/2017 05/04/17 Sold $690,000 -1.4% $321 / Sq Ft
02/28/2017 02/28/17 For Sale $699,999 -- $326 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,271 $800,798 $568,684 $232,114
2024 $12,271 $785,097 $557,534 $227,563
2023 $11,868 $769,703 $546,602 $223,101
2022 $11,772 $754,612 $535,885 $218,727
2021 $11,449 $739,817 $525,378 $214,439
2020 $11,243 $732,232 $519,991 $212,241
2019 $10,717 $717,876 $509,796 $208,080
2018 $10,452 $703,800 $499,800 $204,000
2016 $3,654 $202,316 $41,348 $160,968
2015 $3,568 $199,278 $40,727 $158,551
2014 $3,556 $195,376 $39,930 $155,446
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-448437

The MLS

APN: 4036-026-025